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- Title
Afrinvest Buyout.
- Abstract
The article reports on the investment of the United Bank for Africa Plc, or UBA, on Afrinvest. Afrinvest, which is based in London, is an investment bank specialized in African securities. The investment of UBA with the Afrinvest Ltd. results to the latter's change of name to UBA Capital Ltd. The CEO of the UBA Group, Tony Elumelu, stated that the investment by the UBA was a significant step for the company, which promotes its goal of being a bank that involves transactions business related to Africa.
- Subjects
UNITED Kingdom; AFRICA; UNITED Bank for Africa PLC; AFRINVEST (Company); UBA Capital Ltd.; INVESTMENTS; BANK marketing; BANKING industry; ELUMELU, Tony
- Publication
Africa Research Bulletin: Economic, Financial & Technical Series, 2007, Vol 44, Issue 12, p17667
- ISSN
2053-227X
- Publication type
Article